What is Mutual Credit?

Mutual Credit at its essence is an accounting system that records transactions between entities.

How does it work?

It removes the need to transfer a fiat currency between the bank accounts of a seller and a buyer.

The future of Mutual Credit

A good question - hopefully through this blog, I can get share an insight into where the Mutual Credit space is heading. My guess is through the emerging crypto ecosystems.

Blogroll

DEGROWTH

Work Less Live More Consume Less Local Connections Re-connection Buy local Share moreMore connections CommunityReduce Recycle Rehabilitate Re-habitat Rewild Re-discover DEGROWTH - Rebuilding a sustainable society- Restoring the COMMONS- Building community- Restoring Democracy https://degrowth.info/en/blog/degrowth-network-australia https://docs.google.com/spreadsheets/d/18Z7kTs0smhOU9S3DyGNJ_MBQeu3XKW2qdxa3unOEn6I/edit#gid=0https://degrowthcentralvic.org/https://www.jasonhickel.org https://www.jasonhickel.org/blog/2023/11/24/how-popular-are-post-growth-and-post-capitalist-ideas https://youtu.be/btF6nKHo2i0?si=b97U9xkkq3TNBFaB
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Building a better CES exchange in 8 steps

Building a better CES exchange in 8 steps

Step 1 - Better manage inactive accountsStep 2 - Create truly local exchange groups located by suburbStep 3 - Provide an incentive for recruitmentStep 4 - Pay your volunteersStep 5 - Introduce an annual renewal processStep 6 - Create a marketing planStep 7 - PartnershipsStep 8 - Governance Step 1 - Better manage inactive accounts Change the terms and conditions so that if accounts are not accessed yearly then they are suspended. Accounts over the DEBIT limit will also be suspended. Drawing a line in the sand encourages an active membership. Step 2 - Create truly local exchange groups located...
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CES – Community Exchange System

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What is a community exchange system?
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4 Things in common – MMT – Steady State Economics – Mutual Credit – #Degrowth

What is MMT? What is Steady State Economics?What is Mutual Credit?What is Degrowth?What do MMT and Mutual Credit have in common? What is MMT? MMT stands for Modern Monetary Theory - It is a lens by which we view the creation of Money by central banks around the world and it displays that governments, who control their own currency don't rely on "Tax Payers" money in order to spend. MMT MMT proponents state that sovereign governments who control the issuance of their own currency can never run out of money. The only constraint is real resources and inflation. They also...
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